Home Energy Loan Program

January 17, 2019


Note: The eligible technologies listed above are only examples of some improvements that might be supported under this program as detailed on the program web site. Other improvements may be eligible and not all potentially eligible improvements will be appropriate for all participants.

The Maryland Energy Administration (MEA) joins the Maryland Clean Energy Center (MCEC) in offering low interest loans for projects which increase the energy efficiency of participating residences through Maryland Home Energy Loan Program (MHELP).

In order to be eligible, the property must be an owner-occupied primary residence located in the State of Maryland. Single-family detached homes and townhouses are eligible for loans, while condominiums and coops are unable to participate. Participants must have good credit record of at least 620 and must have the ability to repay. Interested homeowners must contact the MCEC program to pre-quality for the loan before start of the project.

The program offers unsecured financing loans from $1,500 to $20,000 at an interest rate of 9.99%. The term of the loan depends on the loan amount, with maximum of 10 years. A sample of eligible projects that can be financed through the MHELP includes:

  • Insulation
  • Duct sealing
  • Replacing water heaters, boilers, furnaces, HVAC, heat pumps
  • Repairs to install energy measures or to correct health and safety issues
  • Chimney energy improvements including chimney caps
  • Weather stripping including exterior windows and doors
  • Energy Monitoring equipments

Program Overview

Implementing Sector: State
Category: Financial Incentive
State: Maryland
Incentive Type: Loan Program
Web Site: http://www.mcecloans.com/
Administrator: Maryland Clean Energy Center
Start Date: January 2011
Eligible Renewable/Other Technologies:
  • Water Heaters
  • Furnaces
  • Boilers
  • Heat pumps
  • Air conditioners
  • Energy Mgmt. Systems/Building Controls
  • Caulking/Weather-stripping
  • Duct/Air sealing
  • Building Insulation
  • Comprehensive Measures/Whole Building
  • Custom/Others pending approval
  • HVAC
Maximum Loan: $20,000
Loan Term: Rates: 9.99% APR
Repayment Term: Up to 10 years


Name: I. Katherine Magruder
Organization: Maryland Home Energy Loan Program
Address: 1212 West Street, Suite 200
Annapolis MD 21401
Phone: (443) 949-8505
Email: ikm@mdcleanenergy.org

This information is sourced from DSIRE; the most comprehensive source of information on incentives and policies that support renewables and energy efficiency in the United States. Established in 1995, DSIRE is operated by the N.C. Clean Energy Technology Center at N.C. State University.